Bitcoin (BTC) sparked higher following the recent FOMC meeting but is now correcting, down nearly 3% in the last 24 hours. The price is struggling below key resistance as short-term momentum weakens.
Technical indicators, including the Ichimoku Cloud and EMA lines, are signaling potential challenges ahead for BTC. Meanwhile, whale activity has stabilized after a sharp accumulation phase, raising questions about whether BTC can reclaim higher levels this month
source: https://beincrypto.com/bitcoin-struggles-whale-accumulation-stabilizes/